The “Big Five” Canadian banks offer investment funds and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Let’s explore the best place for you to invest.
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The best high-interest savings accounts in Canada for 2025 Feb 18th
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Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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Stock markets shed gains ahead of Brexit vote + MORE Jun 22nd
North American stock markets lost their gains and dipped into negative territory Wednesday, a day before British voters decided whether to remain in the European Union..... More »
Add Value to Your Home With These Home Changes May 20th
East or west, home is the best. Well, rightly so. Your home is your sanctuary, an area of comfort and stability that ties to your daily routine. To an extent, your home is your most significant investment, as it should be. That being said, you must maintain and add value to your home through renovat.... More »
South Korea says North Korea committed to 'complete' denuclearization, summit with Trump - Reuters May 27th
ReutersSouth Korea says North Korea committed to 'complete' denuclearization, summit with TrumpReutersSEOUL (Reuters) - North Korean leader Kim Jong Un reaffirmed his commitment to “complete” denuclearization of the Korean peninsula and to a planned meeting with U.S. President Donald T.... More »
Making sense of the markets this week: February 13 + MORE Feb 11th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Earnings season continues, the halftime report
Last year’s Q4 financial reporting seems to be the most “normal” earnings season we’ve had in the past two y.... More »
Ferrari, separated from Fiat Chrysler, makes Milan stock market debut, following NY listing
– canadianbusiness.com
MILAN – Sports carmaker Ferrari is following up its successful Wall Street listing with a stock market launch in Milan, as it begins a new era as a stand-alone company free of the mass-market associations of its former parent, Fiat Chrysler.
The company famed for its Formula 1 racing machines and coveted red roadsters began trading Monday morning, the first business day of the year, at 43 euros ($47) under the RACE ticker. The shares slipped to 41.75 euros in a broadly lower market, were briefly suspended and then climbed to 41.90 euros.
Ferrari made its public debut on the New York Stock Exchange in October. It closed out 2015 at the price of $48 (about 44 euros).
The new company, which completes its separation from Fiat Chrysler Automobiles SpA, is controlled by Exor SpA, the Agnelli family holding company that also controls Fiat Chrysler, with a 23.5-per cent share, and Piero Ferrari, founder Enzo Ferrari’s son, who retains a 10-per cent stake.
“With the listing, a new chapter is opened,” for Ferrari, said its chairman, Sergio Marchionne, who is also CEO of Fiat Chrysler…
The company famed for its Formula 1 racing machines and coveted red roadsters began trading Monday morning, the first business day of the year, at 43 euros ($47) under the RACE ticker. The shares slipped to 41.75 euros in a broadly lower market, were briefly suspended and then climbed to 41.90 euros.
Ferrari made its public debut on the New York Stock Exchange in October. It closed out 2015 at the price of $48 (about 44 euros).
The new company, which completes its separation from Fiat Chrysler Automobiles SpA, is controlled by Exor SpA, the Agnelli family holding company that also controls Fiat Chrysler, with a 23.5-per cent share, and Piero Ferrari, founder Enzo Ferrari’s son, who retains a 10-per cent stake.
“With the listing, a new chapter is opened,” for Ferrari, said its chairman, Sergio Marchionne, who is also CEO of Fiat Chrysler…
Insurer: 2015 saw lowest natural disaster losses in 6 years as El Nino curbed Atlantic storms
– canadianbusiness.com
BERLIN – Last year saw the lowest financial costs from natural disasters worldwide since 2009 as the El Nino weather phenomenon reduced hurricane activity in the North Atlantic, a leading insurer said Monday.
The year’s most devastating disaster was the earthquake in Nepal in April, but only a fraction of the resulting losses was insured.
Insurer Munich Re said in an annual survey that both insured losses and overall costs resulting from disasters were the lowest since 2009. It said that there were some $27 billion in insured losses, while overall costs — including losses not covered by insurance — totalled $90 billion. Those figures were down from $31 billion and $110 billion respectively in 2014.
The costliest single event for the insurance industry was a series of winter storms that hit the northeastern U.S. and Canada in February. They generated insured losses of $2.1 billion and total losses of $2.8 billion.
In contrast, the earthquake in Nepal caused total damage valued at $4…
The year’s most devastating disaster was the earthquake in Nepal in April, but only a fraction of the resulting losses was insured.
Insurer Munich Re said in an annual survey that both insured losses and overall costs resulting from disasters were the lowest since 2009. It said that there were some $27 billion in insured losses, while overall costs — including losses not covered by insurance — totalled $90 billion. Those figures were down from $31 billion and $110 billion respectively in 2014.
The costliest single event for the insurance industry was a series of winter storms that hit the northeastern U.S. and Canada in February. They generated insured losses of $2.1 billion and total losses of $2.8 billion.
In contrast, the earthquake in Nepal caused total damage valued at $4…
CBC.caGlobal stocks sink, China stock trading halted after share prices diveCBC.caChinese stocks plunged nearly 7 per cent Monday, triggering an emergency trading suspension and giving global markets an unnerving start to 2016. Weak Chinese manufacturing and Middle East tensions were catalysts for the sell-off. SPECIAL REPORT: …Premarket: Global stocks open 2016 on back foot on China dataThe Globe and MailShanghai index dives nearly 7 per cent, other Asian markets start 2016 on …Montreal GazetteChina Stock Trading Halted After New Year Big PlungeVoice of AmericaEconomic Timesall 494 news articles »
Trading has been suspended in China after share prices plunged today by more than 7 per cent. The slide triggered an automatic shutdown of the country’s stock exchanges and underscores the ongoing weakness of China’s manufacturing sector.
Private survey finds China factory conditions weaken for 10th month as demand softens
– canadianbusiness.com
HONG KONG – Chinese manufacturing contracted for the 10th straight month in December as demand remained weak and factories trimmed staff and output, a private survey showed Monday.
The Caixin/Markit index, based on a survey of factory purchasing managers, fell to 48.2 in December from 48.6 the previous month.
The index uses a 100-point scale with numbers above 50 indicating expansion.
It’s the latest sign of the headwinds the world’s No. 2 economy faces as a new year unfolds. Chinese growth has slowed sharply over the past five years as leaders in Beijing try to wean the economy off reliance on trade and investment and focus it instead on more self-sustaining private consumption and services.
However, it’s proving to be a tough transition. Growth in the quarter ending in September fell to a six-year low of 6.9 per cent, a tick down from 7 per cent in each of the two preceding quarters even after policymakers cut interest rate cuts repeatedly and unleashed other stimulus measures
China’s manufacturing industries are facing soft demand from customers as global growth remains weak…
The Caixin/Markit index, based on a survey of factory purchasing managers, fell to 48.2 in December from 48.6 the previous month.
The index uses a 100-point scale with numbers above 50 indicating expansion.
It’s the latest sign of the headwinds the world’s No. 2 economy faces as a new year unfolds. Chinese growth has slowed sharply over the past five years as leaders in Beijing try to wean the economy off reliance on trade and investment and focus it instead on more self-sustaining private consumption and services.
However, it’s proving to be a tough transition. Growth in the quarter ending in September fell to a six-year low of 6.9 per cent, a tick down from 7 per cent in each of the two preceding quarters even after policymakers cut interest rate cuts repeatedly and unleashed other stimulus measures
China’s manufacturing industries are facing soft demand from customers as global growth remains weak…
